While property-casualty reserves remained strong in 2007, signs have pointed to some deterioration in the industry’s reserve position, according to a new Conning Research and Consulting Inc. study.

Their report, “Property-Casualty Loss Reserves: Thinner, But is the Tail Getting Fatter?” states that overall industry loss reserve adequacy remains positive, and even improved slightly, but it adds that “with a closer look at reserves aged more than 10 years, we see a need for additional strengthening in some lines of business, particularly in the reserves carried for those older years.”

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